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CNBC WANTS TO KNOW ABOUT ONLINE GAMBLING PAYMENTS
How effective has the Unlawful Internet Gambling Enforcement Act been? seems to be the question that broadcaster CNBC is asking this week.
In an article on Internet gambling, writer Darren Rovell noted that it’s easy enough to bet online. But collecting your winnings isn't a sure thing.
Years ago, Rovell wrote that the government was never going to stop online gambling run by companies with fifteen different names in countries outside the United States. His view has changed, and he wrote this week that the U.S. government was coming closer to halting the pastime by effectively crippling Internet online gambling payment systems.
"First, it became hard to get your money to the online books," Rovell explains. "The credit cards bowed out. Next was Paypal. Then went Neteller and Firepay."
Rovell zeros in on Zip Payments as an example, claiming that player message boards have been "lighting up" with complaints about no or slow payment and bounced cheques. When he tried to obtain a comment from Zip Payments there was no response - his call went to a message service and was not returned.
Bodog is examined, too. Rovell says that complaints about Bodog's sportsbook activities include the firm telling its clients that instead of the five to 10 business days to withdraw their money, it will take closer to 40 business days. Once again, obtaining a company perspective proved impossible when calls placed to Morris Mohawk Gaming Group, which owns the North American license for Bodog, were not returned.
Rovell is intrigued by how pervasive the payment problem has become, and he invites Internet gamblers who have received rubber cheques or have been told that payment would take more than a month, to share their stories by emailing email@example.com .
All e-mails must include full name details of the incident. Names and identification of any sort will not be used in the story.
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Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
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n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
Cherry CEO Fredrik Burvall Steps down -
Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta
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